Find the Percentage of Profit in a Radio Set

The price of a radio set is raised by 40% above the cost price and sold at a discount of 10%. What will be percentage of profit

  1. 30%
  2. 25%
  3. 26%
  4. 14%
Manish Listener Asked on 15th June 2015 in Maths.
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1 Answer(s)

Answer: (3) 26%
Explanation:-
Let be the cost price of  a radio = Rs.100
Above 40%
Then, Cost price = 100 + 100 x 40/100
= 100  + 40 = Rs.140
He gave 10% discount
Then, S.P. = 140 – 140 x 10 /100
= 140 – 14 = 126
Profit% = 126  – 100 = 26%
Hence, the answer is (3) 26%.

Anurag Mishra Professor Answered on 17th June 2015.
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